India’s factory output remained firm in September 2025, with the Index of Industrial Production (IIP) growing 4% year-over-year. This matched August’s pace. The consistency highlights how manufacturing strength is helping offset softness in mining and power generation.

The manufacturing sector expanded by 4.8%, driven by double-digit growth across key industries. Basic metals surged 12.3%, electrical equipment jumped 28.7%, and motor vehicles, trailers, and semi-trailers climbed 14.6%. This increase was supported by robust demand for MS slabs, electric heaters, transformers, and auto components.

Mining activity, however, slipped 0.4% after a strong 6.6% rise in August. Meanwhile, electricity output eased slightly to 3.1% from 4.1%.

By use-based classification, infrastructure goods maintained strong momentum, rising 10.5% versus 10.4% a month ago. Consumer durables also rebounded sharply — up 10.2% from 3.5% — reflecting festive demand. Non-durables, though still weak, narrowed their decline to 2.9% from 6.4%.

Primary goods rose modestly by 1.4%, slowing from 5.4% growth in August. Capital goods output increased 4.7%, maintaining steady improvement.

The data paints a picture of stable factory output led by manufacturing resilience. Meanwhile, some industrial segments show signs of cooling.

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